Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- MGM Resorts International (MGM) shares are rising on a report regarding a potential takeover bid from Barry Diller.
- SK Hynix (SKHY) shares are lower and other memory stocks are also falling. It is lower over concerns with the sustainability of artificial-intelligence spending. The drop in South Korean trading is likely to cause a hit to the American depositary receipts as well. The debate between the optimists and pessimists will continue, which should create volatility, according to Hendi Susanto, portfolio manager at Gabelli Funds.
- Agenus (AGEN) shares are moving higher on news of a deal that it's selling up to $3540 million worth of securities.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SK Hynix (SKHY) shares are lower and other memory stocks are also falling. It is lower over concerns with the sustainability of artificial-intelligence spending. The drop in South Korean trading is likely to cause a hit to the American depositary receipts as well. The debate between the optimists and pessimists will continue, which should create volatility, according to Hendi Susanto, portfolio manager at Gabelli Funds.
- Taiwan Semiconductor (TSM) shares are soaring after it reported a 36% jump in quarterly sales, meeting elevated expectations while signaling global demand for AI computing remains intact.
- Conmed (CNMD) shares are moving on news it is exploring options including a potential sale amid takeover interest from private equity firms, according to people familiar with the matter. The US-based medical technology company is working with advisers as it weighs its options, the people said, asking not to be identified discussing confidential information.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Akzo Nobel shares rise as much as 6.8% after the Dutch firm rejected an offer for its decorative paints business, and continued to recommend an agreed merger with Axalta Coating Systems.
- Anglo American shares are up as De Beers plans to pause production at the Venetia mine in South Africa for two years to reduce costs while rephasing capital expenditure on its underground project.
- Pagegroup shares jump as much as 10%, marking the biggest jump since 2021, after the recruitment company reported much better figures than feared during the second quarter.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Akzo Nobel shares rise as much as 6.8% after the Dutch firm rejected an offer for its decorative paints business, and continued to recommend an agreed merger with Axalta Coating Systems.
- Volatility in the Korean market is impacting Europe after the artificial intelligence boom drove massive outperformance versus global peers. Shares in Infineon fell as much as 3.8%.
- Pagegroup shares rise as much as 10%, marking the biggest jump since 2021, after the recruitment company reported much better figures than feared during the second quarter.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SK Hynix shares dropped as much as 14% after the memory chipmaker’s highly anticipated US trading debut, with traders citing profit taking and a shift to the American depositary receipts as the main drivers.
- TSMC reported a growth in quarterly sales, meeting high expectations and signaling global demand for AI hardware remains intact.
- MiniMax shares plunged as much as 18%, after JPMorgan slashed the Chinese AI model maker’s price target for the second time in less than a week on value dilution concerns caused by fresh fundraising.
See omnystudio.com/listener for privacy information.